EO Tax Journal

My policy is to include everyone’s comments in these email updates so that we have an ongoing dialogue. Today some of my favorite readers speak out.

1 – Milt Cerny on Kip Dellinger Article

3 – Editor Exposed — Commentary Muddled Continue…

1 – More on Group Rulings

2 – PLR 201124024 — Right for All the Wrong Reasons? Continue…

Today I’m sending along Bob Boisture’s article on the recent AARP hearing. His article was previously published by Tax Analysts, so you may have already seen it.

Bob is very concerned by what he views as the deeply flawed legal analysis presented in the report on AARP prepared by two House Republicans. He is also concerned that AARP has not presented a more rigorous and comprehensive statement of its legal position. In his opinion, AARP has by far the stronger side of the legal issues raised in the report, but he does not believe AARP’s various public statements have made this sufficiently clear, making it easier for House Republicans to justify continuing their investigation. Continue…

1 – More on ACT Committee

2 – Current Tax Issues for Colleges and Universities Continue…

Today we have the latest installment of gift tax developments in the context of section 501(c)(4) organizations. For earlier reports, see email updates 2011-77, 2011-84, and 2011-91. First we have the June 3 letter of the Chairman of the House Ways and Means Committee, Dave Camp, to IRS Commissioner Douglas Shulman. Second, for those who have been ignoring these developments and want a quick review, I’m including a summary prepared by our friends at Caplin & Drysdale. Continue…